GRASSMERE, SHEINTON STREET, MUCH WENLOCK, TF13 6JA - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GRASSMERE is a midsized detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £449,452. It was last sold for £290,000 in August 2014, which was around 8% above the average August 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

GRASSMERE Sold Prices

Land registry data shows two sales for GRASSMERE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two GRASSMERE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 14 AUG	£290,000	£269,245	8% above HPI
1999 30 SEP	£147,000	£111,669	32% above HPI

GRASSMERE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two GRASSMERE sales from September 1999 and August 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 1999 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2014 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might GRASSMERE be worth now?

GRASSMERE might now be worth an estimated £449,452.

This is based on house price inflation of 55%, between August 2014 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55% inflationary increase is applied to the most recent sale price for GRASSMERE of £290,000 on 14th August 2014. For the value to have increased from £290,000 to £449,452 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of GRASSMERE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The August 2014 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of GRASSMERE has not materially changed since August 2014.

How Large is GRASSMERE?

GRASSMERE is 109m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 50% of detached houses houses in Much Wenlock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Much Wenlock, and where GRASSMERE lies on this distribution: 40% of detached houses houses are smaller than GRASSMERE, and 60% of houses are larger. Note that EPC data is not available for all properties in Much Wenlock.

GRASSMERE: Plot and Title Map

GRASSMERE sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of GRASSMERE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of GRASSMERE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is GRASSMERE?

GRASSMERE is located on SHEINTON STREET in MUCH WENLOCK, in the TF13 postcode district. The below map shows the position of GRASSMERE on SHEINTON STREET.